Abstract: |
The integration of distributed renewable energy sources into the conventional power grid has become a hot research
topic, all part of attempts to reduce greenhouse gas emission. There are many distributed renewable energy sources
available and the network participants in energy delivery have also increased. This makes the management of the
new power grid with integrated distributed renewable energy sources extremely complex. Applying the technical
advantages of blockchain technology to this complex system to manage peer-to-peer energy sharing, transmission,
data storage and build smart contracts between network participants can develop an optimal consensus mechanism
within the new power grid. This paper proposes a new framework for the application of blockchain in a decentralised
energy network. The microgrid is assumed to be private and managed by local prosumers. An overview description of
the proposed model and a case study are presented in the paper. |
Key words: Blockchain technology, Distributed renewable energy sources, Energy delivery, Smart contract,
Distributed cloud storage system |
DOI:10.1186/s41601-021-00209-8 |
|
Fund: |
|